Bitcoin Bazar
· 3w
Never said they were not correct. Just that it seems that Spark remains an improvement compared to fully custodial LN.
I'm not sure about that. When all the SSPs are run by one entity, how self-custodial is it really? Sure, you can unilaterally exit, but that's only a small benefit.
Privacy-wise it's much worse than LN, because it operates with similar properties as the main chain. You're going from trusting one LN custodian to trusting another LN custodian LightSpark) on a much more transparent/trackable chain.
I really want to like Spark (and Ark), but it doesn't seem like its glaring and serious issues are addressed yet. Until such time I advise everyone to stay away from it.
It rather seems like everyone is pushing Spark because it's easy, and legally qualifies as "self-custodial", so gets around Google's recent KYC requirement.